Transaction in Own Shares

RNS Number : 6753W
Shoe Zone PLC
22 August 2022
 

22 August 2022

Shoe Zone plc

 

("Shoe Zone" or the "Company")

 

Transaction in Own Shares

 

 

Shoe Zone plc (AIM: SHOE) announces that on 19 August 2022 , it purchased 50,000 ordinary shares of £0.01 each in the Company, pursuant to the share buyback programme (the "Buyback Programme") that was announced on 29 July 2022 as follows (together the "Transaction"):

 

Date of purchase

19 August 2022

Number of ordinary shares purchased

50,000

Highest price paid per ordinary share

185 pence

Lowest price paid per ordinary share

182.5 pence

Volume weighted average price paid per ordinary share

183.75 pence

 

 

Following the Transaction, the issued share capital of the Company remains unchanged at 50,000,000 and the Company now holds 381,729 shares in treasury. The total voting rights in the Company is now 49,618,271 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Shoe Zone under the FCA's Disclosure Guidance and Transparency Rules.

 

The Company will make further announcements in due course following the completion of any further purchases pursuant to the Buyback Programme .

 

In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 details of the purchase of its own ordinary shares by Shoe Zone, which were all executed through the Company's broker, Zeus Capital Limited, are set out below:

 

 

Schedule of Purchases: 

Shares purchased: 

Shoe Zone plc (ISIN: GB00BLTVCF91 )

Date of purchases: 

19 August 2022

 

 

Aggregate information:

 

Aggregated Volume

Volume-weighted average price (pence)

Venue

50,000

183.75

London Stock Exchange

 

 

 

Individual transactions:


25,000

185.00 pence

 10:54 UK


12,500

182.50 pence

 12:42 UK


12,500

182.50 pence

 15:34 UK





 



For further information please contact:

 

Shoe Zone PLC                                                                             Tel: +44 (0) 116 222 3000

Anthony Smith (Chief Executive)

Terry Boot (Finance Director) 

 

Zeus (Nominated Adviser and Broker)     Tel: +44 (0) 203 829 5000

David Foreman, James Hornigold, Guy Brinkley (Investment Banking)

Dominic King (Corporate Broking)

 

 

 

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Companies

Shoe Zone (SHOE)
UK 100